GDXY: How YieldMax Turns GDX Into Cash Flow

  • GDXY ETF generates monthly income by selling options on GDX, balancing synthetic covered calls and Treasuries for stability and yield. The fund benefits from higher implied volatility and a weaker dollar, which support gold prices and option premiums. Current macro trends, including a steepening yield curve and potential dollar devaluation, create a favorable environment for GDXY's strategy.